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E-book
Author Carney, Richard D., author.

Title Authoritarian capitalism : sovereign wealth funds and state-owned enterprises in east asia and beyond / Richard Carney
Published New York : Cambridge University Press, 2018

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Description 1 online resource (xvi, 316 pages)
Series Business and Public Policy
Business and public policy.
Contents Cover; Half-title page; Series page; Title page; Copyright page; Dedication; Contents; Preface; 1 Introduction; 2 Theory; 3 Global Patterns; 4 East Asia Patterns; 5 Narrow Authoritarian Regime: Brunei; Single Party Authoritarian Regime: China; From Single Party Authoritarian Regime to Democracy: Taiwan; 6 Dominant Party Authoritarian Regime with a Weakly Dominant Ruling Party: Malaysia; 7 Dominant Party Authoritarian Regime with a Strongly Dominant Ruling Party: Singapore; 8 Conclusions; References; Index
Summary Since 1945, the liberal-democratic model of capitalism spread across the globe, ultimately prevailing over communism. Over the past two decades, a new statist-authoritarian model has begun diffusing across East Asia. Rather than rejecting capitalism, authoritarian leaders harness it to uphold their rule. Based on extensive research of East Asia's largest corporations and sovereign wealth funds, this book argues that the most aggressive version of this model does not belong to China. Rather, it can be found in Malaysia and Singapore. Although these countries are small, the implications are profound because one-third of all countries in the world possess the same type of regime. With an increasing number of these authoritarian regimes establishing sovereign wealth funds, their ability to intervene in the corporate sectors of other countries is rapidly expanding
Subject Capitalism -- Political aspects -- East Asia
Authoritarianism -- East Asia
Globalization -- East Asia
BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Authoritarianism
Capitalism -- Political aspects
Globalization
East Asia
Form Electronic book
ISBN 9781108564151
1108564151
9781108186797
1108186793